The Sage's Index Option Trading Program Message Board

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Strategies & Market Trends : The Sage's Index Option Trading Program

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To: The Sage who wrote ()	6/13/1997 12:56:00 AM
From: The Sage	of 14

IF YOU ARE IN THE MARKETat present, HOLD LONG any present index option. At any time today, Friday, June 13th roll forward into the July expiration month. Buy strikes as close to, but above the index, as you can afford. I will roll forward near the opening today into the OEX July 860 Calls. (Taking a Nice profit from the June calls which were entered in early May.) IF YOU ARE NOT THE MARKET, you may want to wait for my next signal. I do not expect a go short signal for the next few days. Your choice. I prefer the OEX as it is a little more volatile than the SPX. For reference purposes, I'll use one OEX or SPX option as a trade reference.

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